Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Joy City Property's Enterprise Value is HK$33,043 Mil.
Joy City Property's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,711 Mil. Therefore, Joy City Property's EV-to-EBIT ratio for today is 5.79.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Joy City Property's Enterprise Value is HK$33,043 Mil.
Joy City Property's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,711 Mil. Therefore, Joy City Property's EV-to-EBITDA ratio for today is 5.79.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Joy City Property's Enterprise Value is HK$33,043 Mil.
Joy City Property's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$14,517 Mil. Therefore, Joy City Property's EV-to-Revenue ratio for today is 2.28.
Joy City Property Enterprise Value Historical Data
The historical data trend for Joy City Property's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Joy City Property's Enterprise Value
For the Real Estate - Diversified subindustry, Joy City Property's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Joy City Property's Enterprise Value Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Joy City Property's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Joy City Property's Enterprise Value falls into.
Joy City Property Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Joy City Property's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Joy City Property (HKSE:00207) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Joy City Property's current Enterprise Value is HK$33,043 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Joy City Property's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,711 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Joy City Property's current Enterprise Value is HK$33,043 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Joy City Property's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,711 Mil.
Joy City Property's current Enterprise Value is HK$33,043 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Joy City Property's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$14,517 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Joy City Property Enterprise Value Related Terms
Thank you for viewing the detailed overview of Joy City Property's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Joy City Property (HKSE:00207) Business Description
Joy City Property Ltd is a large-scale commercial property developer and operator, working on the development, operation, sales, leasing and management of mixed-use complexes and other commercial properties such as shopping centers, hotels, offices, serviced apartments and resort and tourist properties in China. Rental income accounts for majority of the operating profit. The company's portfolio consists of various retail malls under the flagship brand of Joy City, and some office and hotel assets. Recently, it introduced a second brand called Joy Breeze, consisting of smaller retail assets. The businesses of the Group are divided into four areas, namely investment properties, property development, hotel operations and output management and other services.
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